Pensioner’s Potential Raise Based on Premium

Retirees and civil servants in Turkey are eagerly anticipating salary increases in July. It has been confirmed that the lowest civil servant salary will be increased to 22,000 liras, while retirees are expected to receive a raise based on their premiums. After the government and Parliament take office, the first steps will be to compensate for the loss of welfare caused by price increases. This includes improving the situation of retirees.

According to reports, a law proposal will be passed by Parliament after the feast to address the issue of salary increases for retirees. The plan is to increase salaries in a fair manner based on premiums paid. While criteria for adding welfare share to retiree salaries is still being worked out, the formula for increasing premium payments is also being discussed.

The effect of these interventions on pensions and civil servants’ salaries on the budget is being carefully considered, but it is stated that all opportunities will be mobilized for salary increases. The hope is that the upcoming changes will help compensate for the rising cost of living and improve the financial situation for retirees and civil servants in Turkey. Parliament is also convening to discuss minimum wage, pension increases, and rent, indicating a broader focus on improving the economy and welfare for all citizens.

 

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